|
Instructors: Univ.-Prof. Dr. Philipp Harms
Event type:
online: Practice class
Displayed in timetable as:
Ü: A Int Eco I
Hours per week:
2
Language of instruction:
Englisch
Min. | Max. participants:
- | -
Requirements / organisational issues:
Audience:
- Masterstudiengang „International Economics and Public Policy“ (MIEPP) as part of the module “Advanced International Economics”
- Erasmus-Studenten (B.Sc. (Advanced), M.Sc)
Prerequisites:
Lectures and tutorials will be given in English. A good command of the English language is therefore required for attending this course.
Times and places:
Due to the Corona pandemic, this tutorial will take place in online mode. Detailed instructions are given on the IntEcon website https://www.international.economics.uni-mainz.de/teaching/
Contents:
Course description
This course provides students with the conceptual framework that is required to understand the implications of countries’ current account imbalances, to identify the factors that determine the volume and composition of international capital flows, and to interpret exchange rate fluctuations. The presentation of analytical tools and theoretical concepts will be augmented by a discussion of the empirical evidence.
The lecture will cover the following topics:
- Balance of payments accounting and the intertemporal approach to the current account: A review
- Extending the intertemporal model: The role of demographic change
- International diversification: Portfolio choices and asset prices
- Understanding exchange-rate fluctuations
Recommended reading list:
Literature (preliminary):
Harms, Philipp (2016): International Macroeconomics, 2nd edition, Mohr Siebeck.
Copeland, Laurence (2014): Exchange Rates and International Finance, 6th edition, Prentice Hall.
Krugman, Paul R., Maurice Obstfeld, and Marc J. Melitz (2014): International Economics – Theory and Policy, 10th edition, Pearson.
(Previous editions are also fine for our purposes.)
Obstfeld, Maurice and Kenneth Rogoff (1996): Foundations of International Macroeconomics, MIT Press.
Schmidt-Grohe, Stephanie, Michael Woodford, and Martin Uribe (2016): International Macroeconomics
Van Marrewijk, Charles (2012): International Economics – Theory, Application and Policy, 2nd edition Oxford University Press.
A detailed list of references will be distributed at the start of the course.
Additional information:
A reading list and all teaching materials will be available on the JGU-LMS platform (https://lms.uni-mainz.de). The password will be announced by e-mail.
Digital teaching:
Due to the Corona pandemic, this tutorial will take place in online mode. Detailed instructions are given on the IntEcon website (https://www.international.economics.uni-mainz.de/teaching/).
|
